Union bankshares inc (UNB)
Balance Sheet / Yearly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Dec'10
Assets
Cash and due from banks

6,224

5,405

5,126

4,285

3,706

4,045

4,063

4,236

3,328

3,857

3,512

3,466

3,710

4,272

3,952

4,220

4,130

4,217

4,498

4,096

3,973

4,822

4,254

4,154

3,936

5,223

4,032

3,977

4,127

5,023

4,207

5,220

5,050

5,871

5,133

6,007

5,447

Federal funds sold and overnight deposits

35,488

45,729

24,774

21,404

22,886

33,244

9,837

9,610

9,918

34,651

8,885

10,969

21,257

35,003

31,622

19,979

9,887

13,744

9,186

10,558

9,178

36,922

19,531

15,490

11,114

25,496

12,377

8,277

25,159

41,487

30,873

7,132

14,443

18,510

25,425

23,953

8,845

Cash, Cash Equivalents, and Federal Funds Sold

41,712

51,134

29,900

25,689

26,592

37,289

13,900

13,846

13,246

38,508

12,397

14,435

24,967

39,275

35,574

24,199

14,017

17,961

13,684

14,654

13,151

41,744

23,785

19,644

15,050

30,719

16,409

12,254

29,286

46,510

35,080

12,352

19,493

24,381

30,558

29,960

14,292

Interest bearing deposits in banks

6,067

6,565

7,062

7,311

8,553

9,300

9,747

9,996

9,601

9,352

8,356

8,356

8,508

9,504

9,753

10,213

12,354

12,753

12,753

12,701

13,102

12,252

12,112

13,713

16,255

17,613

19,562

22,262

22,275

21,922

19,634

22,027

23,482

24,020

-

-

14,041

Interest bearing deposits in banks

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

20,194

15,903

-

Investment securities available-for-sale

89,447

87,393

85,274

79,950

79,514

73,405

71,536

69,543

68,440

65,439

63,970

65,976

67,639

65,556

59,671

58,141

57,516

54,110

50,964

57,390

57,798

45,749

43,777

40,359

39,064

34,281

27,526

27,819

27,022

20,630

33,061

34,876

43,198

42,954

36,266

36,017

23,780

Equity Securities, FV-NI

581

690

612

618

-

556

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Investment securities held-to-maturity (fair value $999 thousand at December 31, 2017)

-

-

-

-

-

-

0

0

0

1,000

1,000

1,000

999

999

999

1,998

5,217

5,217

5,217

5,216

5,216

7,215

9,643

9,642

13,212

11,211

9,214

9,213

7,993

5,496

1,996

0

3,000

4,000

5,000

3,500

500

Marketable Securities, Equity Securities

-

-

-

-

621

-

597

559

502

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Marketable Securities

90,028

88,083

85,886

80,568

80,135

73,961

72,133

70,102

68,942

66,439

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loans held for sale

16,456

7,442

13,561

8,983

5,647

2,899

7,457

5,424

2,938

7,947

5,675

5,406

2,847

7,803

10,214

6,749

6,725

5,635

7,256

5,504

8,257

10,743

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loans held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,065

6,662

3,412

3,840

4,221

4,460

10,828

11,014

15,318

15,105

12,084

4,888

4,242

3,121

5,611

Loans and Leases Receivable, Gross

676,531

670,244

657,916

605,490

649,818

642,461

636,239

575,076

591,660

586,615

578,902

536,200

537,527

533,290

522,361

502,458

512,577

500,506

497,899

472,735

493,013

479,978

481,006

455,345

472,885

461,113

471,709

444,784

438,985

444,145

449,177

421,143

425,489

424,319

424,610

400,848

376,272

Loans and Leases Receivable, Allowance

6,391

6,122

5,808

5,676

5,572

5,739

5,610

5,553

5,405

5,408

5,259

5,168

5,192

5,247

5,226

5,226

5,125

5,201

5,044

4,919

4,773

4,694

4,758

4,610

4,694

4,647

4,773

4,752

4,714

4,657

4,556

4,580

4,406

4,226

4,186

4,060

3,755

Net deferred loan costs

1,056

1,043

988

984

951

938

891

846

797

795

749

708

644

649

649

602

546

515

491

451

388

355

295

238

159

170

146

130

154

139

164

162

151

177

212

210

188

Loans and Leases Receivable, Net Amount

671,196

665,165

653,096

600,798

645,197

637,660

631,520

570,369

587,052

582,002

574,392

531,740

532,979

528,692

517,784

497,834

507,998

495,820

493,346

468,267

488,628

475,639

476,543

450,973

468,350

456,636

467,082

440,162

434,425

439,627

444,785

416,725

421,234

420,270

420,636

396,998

372,705

Accrued interest receivable

-

-

-

-

-

-

2,570

2,338

2,468

2,500

2,196

2,029

2,042

2,259

1,962

2,003

2,078

1,832

1,888

1,822

2,082

1,854

1,823

1,741

1,992

1,663

1,665

1,573

1,813

1,539

1,838

1,731

1,886

1,810

1,628

1,733

1,560

Premises and equipment, net

20,528

20,923

22,507

21,259

18,767

16,073

15,747

15,172

14,298

14,255

13,244

13,233

13,272

13,525

13,377

13,090

13,037

13,055

12,860

12,935

12,491

11,853

11,154

10,979

10,749

10,678

10,769

10,184

10,304

10,289

10,328

10,290

10,368

9,163

8,952

8,722

7,842

Core deposit intangible

-

-

-

-

-

-

454

497

540

583

625

668

711

754

797

840

882

925

968

1,011

1,053

1,096

1,139

1,181

1,224

1,267

1,309

1,352

1,395

1,438

1,480

1,523

-

1,608

-

-

-

Core deposit intangible

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,566

-

1,651

1,694

0

Goodwill

2,223

2,223

-

-

-

2,223

2,223

2,223

2,223

2,223

2,223

2,223

2,223

2,223

2,223

2,223

2,223

2,223

2,223

2,223

2,223

2,223

2,223

2,223

2,223

2,223

2,223

2,223

2,223

2,223

2,223

2,223

2,223

2,223

2,223

2,230

0

Investment in real estate limited partnerships

-

-

-

-

-

-

-

-

-

3,166

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Investment in real estate limited partnerships

-

-

-

-

-

-

4,208

4,367

3,028

-

3,323

2,659

2,786

2,783

2,957

2,137

2,255

2,373

2,491

2,590

2,701

2,824

2,627

2,791

2,955

3,119

3,291

3,464

3,636

3,809

3,981

4,158

4,316

4,473

-

-

2,344

Company-owned life insurance

12,403

12,322

12,240

9,151

9,096

9,040

8,984

8,921

8,865

8,861

8,802

8,736

8,677

8,617

8,556

8,492

8,873

8,800

8,729

8,652

8,554

3,517

3,497

3,477

3,416

3,393

3,372

3,312

3,291

3,267

3,801

3,775

3,706

3,676

-

-

1,569

Other assets

22,474

19,055

20,636

20,129

19,345

16,892

10,715

14,390

9,530

9,995

9,143

8,462

8,801

9,391

8,712

8,550

7,644

8,175

7,887

8,016

7,231

7,354

8,278

8,103

8,223

8,800

8,027

8,396

8,247

9,492

9,390

9,475

8,846

9,285

14,440

13,677

8,751

Total assets

883,087

872,912

844,888

773,888

813,332

805,337

779,658

717,645

722,731

745,831

705,346

664,923

676,451

691,381

672,579

636,469

640,819

628,879

620,266

600,981

622,487

624,063

602,666

571,488

586,125

585,443

574,670

546,674

562,738

577,256

582,915

534,260

555,402

552,751

545,790

513,555

452,995

Liabilities and Stockholders’ Equity
Liabilities
Deposits
Noninterest bearing

139,963

136,434

137,239

128,010

127,838

132,971

126,596

110,984

128,951

127,824

119,203

108,169

110,087

112,384

116,381

103,918

101,943

99,826

103,614

94,430

97,198

90,385

94,604

81,140

89,538

87,247

88,723

79,888

80,300

83,715

79,244

74,513

75,511

76,656

75,528

64,876

64,526

Interest bearing

449,943

458,940

419,646

365,645

425,897

444,722

407,965

360,582

392,027

418,621

387,707

356,541

369,451

382,083

350,376

333,402

311,656

310,203

308,946

303,034

303,232

302,722

297,444

290,980

281,199

269,614

265,225

266,176

266,649

273,505

277,504

249,318

249,312

239,058

239,296

227,919

180,386

Time

146,154

148,653

159,844

159,145

146,638

129,077

133,162

107,321

102,865

101,129

99,714

99,913

102,527

103,193

105,429

110,644

145,405

150,379

131,325

115,515

146,378

158,957

138,990

118,736

146,920

161,493

153,401

127,953

149,291

152,773

148,068

135,576

153,187

157,725

156,701

140,169

131,748

Total deposits

736,060

744,027

716,729

652,800

700,373

706,770

667,723

578,887

623,843

647,574

606,624

564,623

582,065

597,660

572,186

547,964

559,004

560,408

543,885

512,979

546,808

552,064

531,038

490,856

517,657

518,354

507,349

474,017

496,240

509,993

504,816

459,407

478,010

473,439

471,525

432,964

376,660

Borrowed funds

62,164

47,164

47,164

42,381

37,784

27,821

41,990

69,039

31,265

31,581

32,520

36,395

31,727

31,595

37,513

27,808

21,883

9,564

17,421

30,601

18,587

15,118

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued interest and other liabilities

11,075

9,878

10,382

9,971

8,444

6,255

9,168

9,610

8,459

8,015

6,595

5,448

5,489

5,847

6,075

4,714

5,257

5,339

5,142

4,645

4,718

5,447

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Borrowed funds

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

14,940

24,759

13,750

13,216

14,190

20,178

14,532

15,747

25,756

23,983

27,281

29,015

26,017

32,570

28,986

Liability for defined benefit pension plan

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,571

2,648

2,773

-

6,397

6,157

5,891

5,679

-

-

2,451

Accrued interest and other liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,016

3,986

3,934

4,053

3,878

4,037

3,540

6,470

3,826

3,685

3,726

4,279

5,653

6,171

3,173

Total liabilities

809,299

801,069

774,275

705,152

746,601

740,846

718,881

657,536

663,567

687,170

645,739

606,466

619,281

635,102

615,774

580,486

586,144

575,311

566,448

548,225

570,113

572,629

549,994

519,601

535,341

535,623

527,988

500,880

517,085

532,210

540,795

493,232

514,908

512,412

503,195

471,705

411,270

Commitments and Contingencies

-

-

-

-

-

-

0

0

0

-

0

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Stockholders’ Equity
Common stock, $2.00 par value; 7,500,000 shares authorized; 4,949,246 shares issued at March 31, 2020 and 4,948,245 shares issued at December 31, 2019

9,899

9,897

9,892

9,890

9,890

9,888

9,882

9,882

9,882

9,882

9,876

9,874

9,874

9,874

9,869

9,869

9,866

9,864

9,864

9,864

9,859

9,859

9,859

9,858

9,855

9,855

9,855

9,852

9,850

9,848

9,848

9,848

9,847

9,847

9,847

9,847

9,844

Additional paid-in capital

1,226

1,124

1,099

1,020

967

894

897

850

803

755

753

697

658

620

605

586

542

501

495

486

430

418

414

404

368

363

360

330

316

295

293

293

280

276

272

268

244

Retained earnings

64,783

64,019

62,645

61,292

60,147

58,911

60,686

59,715

58,604

57,197

55,731

54,655

53,722

53,086

51,989

50,970

50,080

49,524

48,801

47,955

47,142

46,462

45,735

44,769

44,009

43,405

43,035

42,078

41,395

40,772

39,688

38,822

38,498

38,385

37,766

37,454

37,623

Treasury stock at cost; 476,046 shares at March 31, 2020 and 476,268 shares at December 31, 2019

4,181

4,183

4,186

4,188

4,190

4,179

4,076

4,078

4,079

4,077

4,061

4,047

4,030

4,022

4,023

4,024

4,023

4,019

4,016

3,951

3,951

3,925

3,925

3,922

3,882

3,880

3,880

3,878

3,872

3,859

3,836

3,836

3,836

3,823

3,823

3,823

3,823

Accumulated other comprehensive income

2,061

986

1,163

722

-83

-1,023

-6,612

-6,260

-6,046

-5,096

-2,692

-2,722

-3,054

-3,279

-1,635

-1,418

-1,790

-2,302

-1,326

-1,598

-1,106

-1,380

589

778

434

77

-2,688

-2,588

-2,036

-2,010

-3,873

-4,099

-4,295

-4,346

-1,467

-1,896

-2,163

Stockholders' Equity Attributable to Parent

73,788

71,843

70,613

68,736

66,731

64,491

60,777

60,109

59,164

58,661

59,607

58,457

57,170

56,279

56,805

55,983

54,675

53,568

53,818

52,756

52,374

51,434

52,672

51,887

50,784

49,820

46,682

45,794

45,653

45,046

42,120

41,028

40,494

40,339

42,595

41,850

41,725

Total liabilities and stockholders' equity

883,087

872,912

844,888

773,888

813,332

805,337

779,658

717,645

722,731

745,831

705,346

664,923

676,451

691,381

672,579

636,469

640,819

628,879

620,266

600,981

622,487

624,063

602,666

571,488

586,125

585,443

574,670

546,674

562,738

577,256

582,915

534,260

555,402

552,751

545,790

513,555

452,995